Is Bitcoin ‘cheap’ below $40,000? BTC derivative metrics are mixed By Cointelegraph
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Is Bitcoin ‘cheap’ below $40,000? BTC derivative metrics are mixed(BTC) dipped below $40,000 support on April 18, and the two-week 15% correction was enough to prompt predictions of $30,000 prices in the near term.
Meanwhile, regulatory uncertainties continue to be a key concern for investors, including the failed European Know Your Customer (KYC) and Anti-Money Laundering (AML) proposed rules for ”unhosted” private wallets. For instance, exchanges started to demand additional information on their users just last week, causing some discomfort to traders.
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Is Bitcoin ‘cheap’ below $40,000? BTC derivative metrics are mixed(BTC) dipped below $40,000 support on April 18, and the two-week 15% correction was enough to prompt predictions of $30,000 prices in the near term.
Meanwhile, regulatory uncertainties continue to be a key concern for investors, including the failed European Know Your Customer (KYC) and Anti-Money Laundering (AML) proposed rules for ”unhosted” private wallets. For instance, exchanges started to demand additional information on their users just last week, causing some discomfort to traders.
Continue Reading on Coin Telegraph
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